People are confused on whether to stay on rent or spend the rent money as EMI to buy a home.
Lower rents and shorter commutes have made uptown properties attractive.
The rental values of both residential and commercial properties in Hyderabad have gone up by 10 to 20 per cent in the last quarter.
This varies depending upon the location. In some areas, the hike is steeper going up by about 20 per cent and in others it is about 10 per cent, according to Mr D. Sreedhar Reddy, President of National Association of Realtors India. Read more
Source : www.thehindubusinessline.com
